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Category: Industry

Kuwaiti Oil Price Rises by $5.58

Kuwait city: Kuwaiti crude oil price rose by $5.58 to $148.62 per barrel in Monday’s trading, up from $143.04 per barrel last Friday, according to data released by the Kuwait Petroleum Corporation.

According to Qatar News Agency, in global markets, …

QSE Index Closes Higher by 59.97 Points

Doha: The Qatar Stock Exchange (QSE) index closed Tuesday’s trading higher by 59.97 points, or 0.58%, to settle at 10,393.29 points.

According to Qatar News Agency, during the session, a total of 241,225,324 shares were traded, amounting to a value…

Dollar Gains on Rising Oil Prices, Fading Rate-Cut Expectations

New york: The US dollar strengthened on Tuesday as investor sentiment remained under pressure from the escalating conflict in the Middle East, while rising oil prices and fading expectations of interest rate cuts further supported the greenback.

Acc…

Jordan’s Wheat Reserves Sufficient for 5.5 Months, Minister Says

Jordan: Jordan’s Minister of Industry, Trade and Supply Yarub Qudah announced that the Kingdom’s wheat reserves are adequate to cover consumption for 5.5 months, with an additional four-month supply already contracted and on its way. This statement wa…

S. Korean Currency Slumps to 17-Year Low Amid Iran Crisis

Seoul: The South Korean currency retreated Monday to its lowest level in 17 years against the US dollar, amid rising global oil prices and escalating tensions in the Middle East. The exchange rate reached 1,497.5 won per dollar, down 3.8 won from the …

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